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20130419
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Search Results 0 to 19 of about 20 (some duplicates have been removed)
, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> there was a car jacking that took place, as well, in cambridge involving a mercedes suv. that car was ultimately discovered here in watertown and is pursued by the watertown police department. the pursuit went into a residential neighborhood not far from here where there was an exchange of gunfire between watertown police, nbta police officer and is two suspects in this suv. during the course of that pursuit, several explosive devices were discharged from the car at the police officers. in the exchange of the gunfire, we believe that one of the suspects was struck and ultimately taken into custody. a second suspect was able to flee he from that c
with the government cutbacks and also the tax hike that we had - that's the increased payroll tax for social security that we saw - so that is biting into the economy. but clearly, almost all the data, not only here but around the world, has come out weaker, so that is real; and combine that with some disappointing earnings on balance, and i think that is cause for concern or pause for the market right now. - gold futures made a mighty move to the downside this week. what are you seeing in gold mining stocks? - wow, i tell you, it was a real blowout in gold. gold is one of those assets, but i look at gold back in '08 was, i think, a low $600, and it is now still, what, close to $1,400? so, a set-back was ok, it was just one of those classic commodity washouts. gold miners, on the other hand, they have lagged the price of gold for the past several years at least, and a lot of that has to do with their cost of production and some of the acquisitions they've made and some of the operating cost or lack of management of such. so it's a little different. it is not really a pure gold play, it was a real equ
the taxes, pay the fine, learn english, have a your. it is not going to be easy. they have to earn their way. those were the basic principles that started the conversation. i think there were 24 meetings that took place as we came together for some times for hours at great thronte talk about this 800-page bill. it is not perfect but it is a good faith approach to fixing a badly broken immigration system. there's many reasons we're here. first, american people want us to do something. the notion that we would end this process with the same broken immigration system is unacceptable. we believe we came up with a good approach that will make this country safer and more productive. second, i want to say something about an issue that touches my heart because i've been working on it for more than 12 years. that's the dream at. this is an issue that means to word to me and to so many people across the country. i thank to thank my colleagues here because the meeting we set aside for the dream act everyone said it is time. it is time. it is nojust time becae it is a good idea and there's wisdom behind
paying taxes up front that will fund retirees' and will eventually qualify for benefits. they are the issue. that is a question about social security reform. i think we do need is a security reform. >> i thank you for your work. i appreciate both of you being here today. senator.you very much senator schumer? >> thank you, senator feinstein. i thank you both of you for your great work on agriculture. i also want to see -- i also want to thank chairman leahy for having this hearing. it has been amazing and those of us in our little group cannot support him enough -- cannot thank him enough for supporting our bill. 90% ofi get started, what is in his bill is in our bill. overall it is very positive. >> thank you. i would like to really look that over. >> i will. the bill i to would like to ask that all of us do not jump to conclusions regarding the events in boston. we will try to complete those events with this legislation. we are a safer country when law- enforcement knows who is here, has their fingerprints, photos, conduct background checks, and no wonder these to look
of the streets and parks and affordable housing by the value of private investment and using the power of tax increment financing. the value of the public land and the targeted developer fees and helping us create this vision without resorting to overburdening our general fund or new taxes. when this terminal was originally built in the 1930s it was a growing project. i'm confident the growth san francisco will continue to grow with a new transit center and downtown district. i also want to give a great shot out to president obama, it was really his funds that helped us kick this off and pelosi and feinstein and boxer and their on going constant up to date support. at the state level, governor brown has been a very strong supporter and leaders of both houses, president stein house and president per ez have shown strong leadership. this check is much more symbolic of many many other checks that have come as a result of investor confidence in the city. i want to thank the labor for being part of all these projects and the business community for working closely with us and the transbay joint p
taxes. this year raising taxes $600 billion. but there was never an agreement as part of the sequester or the budget control act to raise taxes so that's where we have a lawyer at. this is the problem so in the debate and i remember sitting up when the president guaranteed the american people that the sequester wouldn't hap but it is happening. it's happeningright now. it's infil all. the house has proposed a budget that eliminates the cuts on the defense department but finds other cuts in the government to replace them with. the president is saying he wants to eliminate the sequester. he apparently indicates that he does, that he wants to do that raising taxes and that is a nonstarter. under the current debt path we are increasing spending every year. the difficulty as i pointed out before our committee so many times is half of the reductions in spending and in the sequester follow in defe which lyup onixt entour rn so that is a disproportionate cut. as you talk to congress about the difficulties, i suggest that you go to 1600 pennsylvania avenue and talk to the president, the command
incentives. tax incentives. that will attract investment and channel investment into areas where investment is required. >> is that package already on the table? >> it is. it is. we have a good tax policy for investment in infrastructure. we give tax breaks, in fact, infrastructure, lending is easier. lending is cheaper. there are tax holidays for investment in infrastructure. which is why money is going nfstructure. the point that we are making now is that if infrastructure that will make a country's economy very strong. we need roads. we need ports. we need seaports. we need more steal making. we need more mining. these are the critical areas in which investment must go. >> is corruption a big problem? >> it is a problemment but no more than in most other countries. wherever i go, i open the newspaper and i find there are charges of corruption against the government of the day. i admit that, it is a problem. but it's not as big a problem as it is made out to be. to say that everyone is corrupt is i think an outrage us charge. we are tightening our laws. we're having an ombudsman. we have
, and it became the psychology of it all. you know, taxes are changing, payroll taxes, income taxes, sequestration. and there was a little bit of a pause. but then we saw us get out of that, and i think they're still confidence-rich -- confidence-poor -- confidence-rich and cash-poor. >> i love that phrase, and i have gave you credit of late. initially, no. military, you've had two relationships with military. one, i've never seen a company more aggressively try to hire people from the military. and the other thing is, i didn't know you did so much business with the military, and that's been tough now because of sequester. >> sure, sure. one of the things about snap-on, for years we focused on auto repair. but what we've been doing lately is rolling the snap-on brand out of the garage to critical industries where the penalty for failure is high. >> aerospace. >> aerospace, military. one of the first places we went to is military. and we built a big business there. it's been down, but aerospace is coming up. aerospace and natural resources is what double digits in the quarter for us. i was just at
to you? >> well, i mean, so much for disgruntled tax filers irresponsible for your will attack. you know, this opens a single to all sorts of investigations. right now obviously there is a major effort not just ride on the ground in the immediate boston regional area, but now you are looking at the jets' new head, you're looking at the extent to which this was deployed from the outside. and to the extent to which there are supports or a support structure internally your that allow for this attack to take place. connell: two brothers are less to be a part of this, one that was killed and the other that is said to be 19 years old and still at large. you mentioned their background, the fact that there are originally from chechnya. they came here, we think, in 2002 and three, some are in an area. is it possible that they just acted alone? working together as brothers? is it more likely from your experience of the years that they did have some support from the outside, or read my be. >> you know, is suspect gillette to let this point, but if i had to put my chest down on a table i was a it wa
, they will have to pass a background check, paying taxes, and pay a fine. that's for six years. and they can have another background checks and pay a fine. that would allow them to work and travel and come out of the shadows. if you years s fe mchmas like an e- vefy system being operational, at that point they would be allowed to apply for permanent residency. and another background check to prove they will be able to pin employed and not the burden on society. if it passed that benchmark, after three more years, they will be allowed to become a citizen. that leaves us with a 13-year path to citizenship for the people here illegally now. it will be a little different if you were brought to the country before the age of 16. dreamers will have five-year path to citizenship. and agricultural workers who feel an important need in a lot of our industries, if they also are looking at a five-year. path to year the other big part of the plan is for security. that will put up to about $6.5 billion into a department of homeland security plan calls for more security strategy that combines personnel, the gro
have to pay a fine and back taxes, learn english, and pass a criminal background check among other hurdles. but before that system can even be set up certain security goals must be met, including improvements to the border fence. one member of the group, senator lindsey graham of south carolina said failing to change the nation's immigration system would be economicide ice oly waymera loses is to do nothing. and to the who bieveat we don'tl immigration in the future, you're in denial about the demographics. and to those who say this costs more to take people out of the shadows and put them a legal status where they pay taxes, you've certainly lost me. that makes no sense. >> warner: for more now we turn to illinois democrat dick durbin, the majority whip in the senate sand a member of the so-called gang of eight. welcome, senator durbin. you all have been working on this non-stop since the start of this congress. how hard was this to forge this compromise? >> this wasn't easy. you know, you have eight willful members of the u.s. senate-- four from each party-- each with a point of
.s. ceo bill simon says his consumers were most worried about jobs followed by inflation, taxes and gas prices. consumers may have concerns, but a number of analysts aren't worried. >> i think walmart right now is running as well as walmart has ever run since i started watching them in 1968. they are doing a fabulous job of bringing product at the price to the customer. >> reporter: and the stockholders are reaping the benefits. walmart sharesgained 27% over the last year, better than the s&p index and the broader s&p 500 over the same time period. for "nightly business report," i'm courtney reagan. >>> and tomorrow we turn our attention to housing and the one company to watch this earnings season. >>> so many american companies including many walmart suppliers move manufacturing out of the u.s. to plants in china, looking to save money. but things have changed. rising costs for labor, material and shipping has forced a lot of companies to consider bringing some of those jobs back home. phil lebeau has more from shanghai. >> reporter: here in shanghai, u.s. manufacturers who have set up
points go away and make it easy to do business with. you have to collect taxes and automate processes in a far quicker way to satisfy the needs of a modern economy but the big thing government has to do is stop spending money on things that don't matter. this matters. innovation matters don't do things that a clematis -- commodities vegas investment changes the game. liz: and the stock is up year over year but we watch this closely and oracle of the competitor up 11% so you are doing better. the closing bell rings in 70 minutes. talk about a splash, see world jumps more than 25 percent of the stock market debut. yes they launched the ipo date to doubt the negative news flow and went for a. entertainment joins us next so why was now the good time to go public?@ and as we told you the developing news this hour the boston red sox game against kansas city royals cancelled tonight. you are looking at a live shot of a very empty fenway park just a few miles away from a massive manhunt in watertown and cambridge and will remain empty tonight. no game and the bruins hockey game also canceled
to remember we have a lot of headwinds we're dealing with from the sequester, one, to the tax increase, at the payroll tax. so, these issues we have to get through. i don't think they're major but they are headwinds. now we've got a lot of people thinking about what happened last year. down 3% in the second quarter. people wanted to buy in the market started to dip. wait a minute. this may be more significant. the fact of matter, as he have yesterday, 7% of the companies that reported earnings beat estimates. whether the estimates were poor estimate, weak estimates. the fact of the matter as long as data remains relatively, weak, not strong, muddled through the fed will be a long way as way from ending its quantitative easing. the other thing we havv to pay attention to which i think gives us a lot of upside potential is that what's happening in japan is nothing less than significant. and we need to pay attention to the yen. tracy: so let's first finish with the united states because i know you are hot on the yen. you've talked about it last time you were here. that means based on what
that covers the entire extent. every one of those had to be eat late taxed. the congress imposed a more onerous, more restrict it from a comma rules that on my ability to move money from ppa to ppa. i have small pdas with not a lot of money but for whatever reason decided there needed to be more over the national intelligence program. the effect of the fy 13 of her rations that did help us in that it allowed us to move money around civic and that the money into the path we are committed to by virtue of the fact were five men in before we got a bill. sowo ba dister t it. a cab structure, did allow new start,t also frommocountschss here was what many at the endf the day and of course the of sequestration was doubled because we had to take it in seven months. iraq i was. ealistic impact. >> that is helpful because it provides more of a context of things we might be able to do. again, we have a macro issue of sequestration can watch everyone recognizes it's in packs on your programs. but i stand legislative authorization not on this committee that the intelligence that could have the skinny
in cyberspace, and are widely believed already to be responsible for some such a tax. china and russia possess formidable capabilities for cyber theft, such as the theft of valuable intellectual property as well as the more traditional areas of espionage, such as spying on our military weapon systems, plans and capabilities. china in particular appears to observe no limit of the theft of american commercial technology. that's cyber theft as a threat that cannot be tolerated. i hope we'll hear from our witnesses about the extent of the problem, and the steps that we can and should take to counter it. the asia-pacific region, another round of belligerence from the dictatorial regime in north korea has caused concern here in the united states, and among our allies in the pacific. that regime has announced its intention to resume a plutonium production, has tested a nuclear device in february that appears to have had a greater yield than previous tests. and has threatened at any time to launch a missile that uld further exacerbatenons. we have read about conflicting intelligence assessments, north
Search Results 0 to 19 of about 20 (some duplicates have been removed)